Vibrant Gujarat Summit 2024 Secures MoUs for 41,299 Projects

  • 15 Jan 2024

The tenth edition of the Vibrant Gujarat Summit 2024 recently witnessed the signing of memoranda of understanding (MoUs) for an impressive 41,299 projects, totalling Rs 26.33 lakh crore in investments.

Key Points

  • Focus on Emerging Sectors: A majority of the MoUs were inked in emerging sectors, including semi-conductors, e-mobility, green hydrogen, and renewable energy, reflecting a strategic shift in investment focus.
  • Global Participation: The three-day summit, which concluded with 61,000 delegates from 140 countries, saw the participation of 35 partner countries and a total of 1.32 lakh registrations.
  • Platform for Ideas and Innovations: Union Home Minister highlighted the Vibrant Gujarat Summit as a crucial platform for ideas, innovations, and attracting investments, emphasizing its positive impact not only on Gujarat but the entire country's economy.
  • Positive Outlook: The summit's success signifies its vital role in fostering economic growth, bringing together global and domestic investors, and contributing to the overall development of Gujarat and the nation.